|
|
 |
|
Viewing report
|
|
|
|
UK Annual Forecasts 2010-2015: Clothing & Footwear
Verdict Research Limited, Oct 2011, Pages: 8
The UK Clothing & Footwear market has endured a difficult 2011 so far, with squeezed disposable incomes and high levels of inflation impacting the number of purchases consumers can afford to make. The report examines the prospects for the market over the next five years to 2015, analysing issues such as the impact of the economy, as well as the performances of both specialists and non-specialists
Scope:
- Understand which categories within clothing & footwear will perform the best, using our expenditure forecasts to 2015
- Use our market share and channels of distribution to find out which retailers and channels pose the biggest threat
- Discover our comprehensive analysis of the key issues set to impact the clothing & footwear market over the next five years
- Identify the market growth drivers and inhibitors and implement our strategies to improve sales growth potential
Highlights:
- Growth in 2011 is expected to be lower than in 2010 despite higher levels of inflation. The impact of public sector cuts and the rise in product prices will limit how much consumers will be able to spend, restricting growth throughout the year. It is forecast that volumes will be in negative territory throughout the year
- By 2015 consumer shopping habits should be back closer to pre-recession shape, with improved availability of credit and better job security giving consumers the confidence to shop. However, it is expected that consumers will be more careful about how they spend their disposable income, so impulse purchases may be a thing of the past
- A transactional website is no longer enough. Retailers need to incorporate click & collect, reserve & collect, and m-commerce to make a multichannel offer. This improves product and brand accessibility, and makes shopping more convenient for consumers. Moreover, m-commerce is an effective method of engaging and communicating with shoppers
Reasons to buy:
- When can I expect inflation to ease off and volumes to recover?
- Which channels have performed the best over the last five years, and which channels have seen their share of the market decline?
- What strategies can I put in place to help drive sales and protect sales densities and profitability from falling?
Product samples
A sample for this product is available. Please Login/Register to download this sample.
|
|
|
|
